Starting A Lifestyle Business: Goal Setting For Success

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Simple Goal Setting Strategies For Successful Lifestyle Entrepreneurs

Greg comes home from work and drops onto his sofa with a sigh.

On the other side of his living room, a desk and chair wait vacantly; and in the early evening sunlight, a layer of dust has settled on the top of his laptop.

It's been a week since he's worked on his business. Why? Because he's tired and frustrated. Even worse, he's started to second-guess his decision to start an online business.

He knows he should push through his procrastination and get back on track, but he doesn't know where to start.

Does the feeling of overwhelm ever stop you from moving toward achieving your goals?

Here's a really simple goal setting strategy that will transform overwhelm into optimism and set you up for success in whatever you strive for.

"If you don't know what you're aiming for, you'll never know if you've achieved success"

undefinedThe Importance of Goal Setting

The simplest definition of a goal is 'something that you aim for'. To make a success out of goal setting, it's important to define what success looks like to you so you know what you're aiming for. This is because the definition of success varies from person to person, so make sure you always set yourself up for success.

When it comes to operating your lifestyle business, a good goal will help you choose the business model that's right for you. Creating good goals also provides a framework which allows you to focus on the actions that contribute toward the big picture. Over time, your life and business are transformed through a series of consistent, daily actions, from the vision you initially conceived into your desired reality.

Not All Goals Are Created Equal

We're all guilty of making New Year's resolutions that have fizzled out before the first week of January is done. Our enthusiasm yields to the not so fun reality of commitment. To create goals that have a chance of making it to the finish line, they should have as many of the elements listed below in their structure.

The blueprint of a good goal includes the following components:

Goals have a timetable that hold you accountable for obtaining results.
Example: I will work on my project for an hour a day before I relax for the evening.

Goals are specific, in that they clearly state what you will accomplish and when you will accomplish it.
Example: I will complete the rough draft of one chapter of my novel each week, for the next twelve weeks.

Goals are optimistic, in that they are positive, attainable steps that move you toward the bigger goals in your life.
Example: I will go for a brisk walk each day for thirty minutes after dinner to improve my overall health and fitness goals.

Goals are realistic, in that they provide enough of a challenge to stretch you beyond your comfort zone while still being within reach.
Example: I will attend a Toastmasters session every Monday to improve my public speaking skills so I'll be prepared when a management position becomes available.

Goals are made up of short and long term components, in that short term goals are attainable within a week to a year, and move you toward achieving the longer term goals that span five years and onwards.
Example: I will put 15% of each paycheque into savings so that by the end of every year I can take a vacation to an exotic location, and fulfill my dream of travelling the world.

Goal Setting For Success In Your Lifestyle Business

To succeed in any business, setting and reviewing your goals is key. Most entrepreneurs are already goal oriented people, but many people fail to write down and track their progress regularly or, they set too many goals, which impedes their ability to make real progress due to overwhelm.

To overcome this, set and review your goals every 90 days. For each 90 day period, identify your most important project or priority for that timeframe. From there, break up that project into smaller milestones (monthly or weekly targets). These milestones will serve as benchmarks that easily track your progress and propel you forward.

To maintain your momentum, write your goals down daily (when you wake up or go to sleep) to help you stay focused on the specific set of actions you need to take each day. When you begin each day with clarity on your most important task, you empower yourself to take the steps that will move you closer to the achievement of your bigger goal.

Set Your Goals And Reach For The Stars

Overwhelm and frustration are often the result of not understanding what needs to be done to achieve your desired outcome. Goal setting will not eliminate these pesky emotions and situations, but having a strategy in place will help you break down your goals into manageable tasks. With persistence, setting and reviewing your goals every 90 days will become second nature, and the end result will be the transformation of your vision of the future into reality.

Do you have a goal setting strategy that works for you? Please share your insights...
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